IADA members completed 316 transactions in Q1 2025, up from 254 in the same period last year. Despite the rise, members expressed growing caution due to economic uncertainty, according to the IADA Market Report. The number of exclusive listings dropped from 304 to 203, while the number of aircraft under contract remained steady at 250.

“Although aircraft pricing has held steady, our members are voicing a more reserved outlook compared to the high confidence levels we saw at the end of 2024,” says IADA executive director Lou Seno.

Chairman Phil Winters adds: “While demand continues, the industry is watching global financial trends closely, which are shaping more conservative expectations for the remainder of the year.”

The IADA report suggests aircraft prices may stay stable or decline slightly, with turboprops holding strongest. Inventories are expected to rise slightly, and dealers are less willing to take on inventory.

Tariffs, stock market shifts and fiscal policies were cited as key concerns by contributors across the industry. Some regions still showed strong demand and fast turnover, especially for newer aircraft. Others reported longer transaction times and reduced buyer confidence.

“Later-model aircraft are performing well across all categories,” says John Odegard of 5x5 Trading. “However, older and out-of-production aircraft are seeing slower demand.”

Several dealers highlighted continued strength in fractional operations and steady buyer interest in young pre-owned models, despite an overall slowdown.